Your Questions About Internet Business For Sale
Charles asks…
Is a Business License required for an internet business or a business having a garage sale?
Jere answers:
If you don’t have a brick and mortar store (a physical store in other words) and are operating out of your house, you usually need a mobile sellers permit.
But if all you’re doing is having garage or rummage sales, none is needed.
Sandy asks…
What would you do if you had $10,000 and wanted to start an internet business. What &where would you sell?
I am wanting to build a retail sales business on the internet. I have been selling corporate liquidation items on ebay and am a power seller($1000+) every month for several. It is a good business but it is too high of maintenance. I want to sell something small and manageable. Ebay or Website or both.
Jere answers:
It sounds like you are a good entrepreneur. Excellent. But the ideas need to come from you. Ive been setting people up on internet for as long as its been called internet. You can sell anything you want on commission thru the tons of affiliate programs available.
But such sites make it or fail based on the attention of the owner. Pick a subject, choose affiliate items, get a free website, make a webpage, get it on search engines, make money. Any subject. It can be an item, hobby, games, craft, sport, pet, country, any subject at all. I dont care if its strange flowerpots or the latest in dieting. It can be something you know a lot about or it can be something you WANT to know a lot about. Is there something that you bug your friends because when you get on the topic you talk about it way too much?
Lets say that its golf. You setup a web page then you search for affiliations on the topic of golf. You can offer golf equipment, training videos, books, funny tshirts with golf sayings on them, etc etc.
Then you need to get attention to your site. You can try out and write reviews on everything you offer on your site. You can link to news and how-to articles about golf. You can add a discussion forum about golf, you can do a newsletter that people sign up for which covers hot golf news items (and mentions new items in your shop). Do you begin to see why it needs to be something you love?
A couple of strong affiliate programs are Amazon.com and CafePress.com, or you can go to CommissionJunction to shop thru their affiliates. These work because the companies know that a “golf” site is better for selling “golf” items. Check those out and think “can I pitch this better than they are pitching it”.
Whatever subject you pick, you can make it THE site to go to for information on that subject. Those are the sites that work. The ones that the person is in love with. When you get a subject, come back and ask how you can build a site around it.
Paul asks…
Internet Business. Sales Tax?
I own a website that sells art prints. I live in Texas. Do I have to charge taxes to all my customers at my rate. Or do i only charge the customers tax that live in texas? Please help im super confused.
I also sell art for people. So say my artist is in belgum, i arrange the sale and take a commision, do i charge tax? SO CONFUSED
Jere answers:
Only in Texas do you charge sales tax. If you have a location in another state, you would need to charge for that state, too.
Daniel asks…
How can I generate sales for my internet business?
I create handmade t-shirts for children. Patterns include, Christmas prints and a variety of prints for customers to choose from.
Jere answers:
By finding more people who are interested in your products and/or services and making your prices more affordable.
Cheers!
Helen asks…
Do I have to charge sales tax for an internet business in Washington state, USA?
I am thinking of relocating the internet business and wondering if I am legally required to collect the tax or not.
Jere answers:
You are required to collect sales tax in states that you have nexus. Since you reside in Washington, you will only need to collect sales tax for items shipped to Washington. Any goods shipped out of the state will not be taxed. Instead, the purchaser will have to pay use tax, which most people never will.
BTW, don’t forget you have to pay B&O (business & occupation) tax in Washington.
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